Crest Nicholson Downgraded by Royal Bank Of Canada

Crest Nicholson's stock rating has been downgraded to 'outperform' by Royal Bank Of Canada, a move that could indicate potential growth in the company's shares. The target price for Crest Nicholson is GBX 95, which suggests a possible upside of 63.34% from its current price.

This change comes after several other research firms have weighed in on CRST. Jefferies Financial Group reaffirmed a 'buy' rating with a target price of GBX 107, while Berenberg Bank decreased their price target to GBX 58 and set a 'hold' rating. JPMorgan Chase & Co. dropped their price objective from GBX 160 to GBX 80 and set a 'neutral' rating for the company.

On average, equities analysts expect Crest Nicholson to post earnings per share of 9.0980939 for the current fiscal year. The company's market cap is £149.50 million, and its P/E ratio is 6.92. Crest Nicholson develops and sells apartments, houses, and commercial properties in the United Kingdom.